Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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MACD Indicator which plots local peaks and troughs in divergence.
"Classic" Divergence is specified as: - A higher price, with reduced MACD high --> Potential Sell Point - A lower price, with higher MACD low --> Potential Buy Point
"Alternative" Divergence is specified as: - A higher MACD high, with reduced price --> Potential Sell Point - A lower MACD low, with higher price --> Potential Buy Point
MACD Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.